๐งฑ Market Reform Do you like data? Do you like data on Short Volume? CBOE has proposed a NEW end-of-month REPORT OPEN FOR COMMENT to be included in the US Equity Short Volume & Trades Report that provides a record of all short sale transactions for the month. Reddit Post
Short & Sweet - Easy Petition Templates for NSCC Rule Change. With Updates! Set to expose Wall Street's regulatory loopholes, household investors are petitioning the SEC for much needed rule changes. It's time to level out the playing field.
NSCC's got a "rule for throwing out rules". So we're going to throw out their rule, for throwing out rules. You in? ๐ NSCC's Rule 22 lets officials change/ignore rules at will and skip actions like closing failing trades (e.g., GME) if it might "disrupt the market". These changes donโt need full public disclosure and can last up to 60 days without extra approval. Awful, right? Send your petition!
PETITION TO ENFORCE RULES! NOT WAIVERS! Ever felt cheated in the Wall St casino? You probably were. We've been robbed and the rules of Wall St's casino allows them to. The National Securities Clearing Corporation (NSCC), which clears and settles stock trades, has a Rule for throwing out rules [NSCC Rules]. The